AIXI Stock Surges 60% Pre-Market, On Track To Break 50-DMA For First Time In Over 5 Months – Retail Sees ‘Huge’ Breakout

• The Supreme People’s Court in China rejected Apple’s request to invalidate Xiao-I’s AI patents last week.
• Xiao-I said the court has not yet decided whether Apple infringed its patents or what penalties could apply.
• AIXI stock has slumped nearly 90% since it last hit the 50-DMA level in October 2025.

Shares of Xiao-I Corp (AIXI) were among the top pre-market gainers on Monday, surging more than 60% and putting themselves on track to break above the 50-day moving average for the first time since October 2025.

AIXI stock had closed more than 33% higher on Thursday since the company provided an update last Tuesday on its ongoing patent lawsuit against Apple. Markets remained closed on Friday.

Source: TradingView

Shanghai Court Dismisses Apple’s Claims

The patent infringement lawsuit against Apple is centered on claims that the Cupertino-based company used Xiao-I’s core artificial intelligence technology without permission. The case has moved through multiple legal stages, including hearings at the Shanghai High People’s Court in 2024, followed by Apple’s appeal to China’s Supreme People’s Court.

On March 27, 2026, the Supreme People’s Court issued a key ruling, rejecting Apple’s request to invalidate Xiao-I’s AI patents. The court fully upheld the validity and legality of the patents, delivering a final and binding decision with no further right to appeal.

However, Xiao-I said the broader lawsuit is still ongoing, and the court has not yet decided whether Apple infringed those patents or what penalties could apply. Xiao-I also cautioned that there is no guarantee it will receive any financial compensation.

How Did Retail Traders React?

AIXI stock has generated a significant buzz on Stocktwits since last week. Message volumes on the platform have surged a whopping 20,000% over the past seven days, according to Stocktwits data. Around 116 million shares have traded in Monday’s pre-market, compared to an average of around two million.

Meanwhile, retail sentiment remained in the ‘extremely bearish’ zone over the past 24 hours.

One user expects a huge breakout soon.

AIXI stock has shed nearly 70% so far in 2026 and nearly 90% since it last hit its 50-DMA level.

Read also: Why Did PFSA Stock Surge 80% Pre-Market Today?

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